Haizhi Electromechanical: Director intends to reduce its shareholding by 0.09%

Haoyi Electromechanical announcement: Director Xiao Yonglin holds 1.2916 million shares, accounting for 0.42% of the company's total share capital. It is planned to reduce no more than 290,000 shares, accounting for 0.09% of the company's total share capital, through centralized bidding or block trading within 3 months after 15 trading days from the date of this announcement. The source of the reduction comes from shares granted under the 2016 restricted stock incentive plan, shares obtained through capital surplus transfer and shares acquired through bulk trading in the secondary market.